Shell workers embark on protest over CBA
Workers of Shell Nigeria Exploration and Production Company Limited (SNEPCo) on Tuesday morning staged a protest along Broad Street in Lagos over issues relating to a Collective Bargaining Agreement (CBA).
Shell, Rivers government inaugurate multi-billion cassava company
By Udeme Akpan A leading energy company, Shell, Thursday, inaugurated a multi-billion-naira Rivers Cassava Processing Company Limited built in partnership with the Rivers State Government, Vieux Manioc BV of the Netherlands, and the Embassy of The Netherlands in Nigeria. According to Shell, it will support the economy and earning power of the Rivers State and […]
Missing oil: Shell remains mute as Aiteo alleges media attacks over $2.7bn case
By Udeme Akpan & Sebastine Obasi THERE are indications that the dispute between Aiteo Group, and Shell Petroleum Development Company, SPDC, has exacerbated as the former, weekend, accused the International Oil Company, IOC, of allegedly planning a media campaign against it, and its Executive Vice Chairman, Mr. Benedict Peters. In a statement obtained by Vanguard, […]
$1.1bn Malabu Scandal: Italian court acquits Shell, Eni managers
An Italian court has declared Shell, Eni and their managers all acquitted in the controversial Malabu scandal. They were all acquitted by the court yesterday. The Malabu scandal involved the transfer of about $1.1 billion by Shell and ENI through the Nigerian government to accounts controlled by a former Nigerian petroleum minister, Dan Etete. From […]
Alleged $2.7bn oil theft case: Court refuses to unfreeze Shell’s 20 bank accounts
By Innocent Anaba A Federal High Court sitting in Lagos, yesterday, refused to vacate the interim Mareva injunction it made directing 20 commercial banks to block Shell Petroleum Development Company of Nigeria, SPDC,) and its subsidiaries’ bank accounts. Trial judge, Justice Oluremi Oguntoyinbo, in her ruling, also summoned three of the banks’ secretaries and chief […]
Court blocks Shell’s accounts in 20 banks over alleged oil theft
By Innocent Anaba A Federal High Court sitting in Lagos has granted an interim Mareva injunction directing 20 commercial banks in the country to block Shell Petroleum Development Company of Nigeria Ltd, SPDC, accounts in a bid to recover the cash value of more than 16 million barrels of crude oil allegedly diverted by the […]
